Macau concessionaire SJM Holdings reported gross gaming revenue of HK$6.89 billion (US$881 million) in the three months to 31 March 2024, up 77.3% year-on-year and continuing the company’s steady recovery since borders…
Mohegan INSPIRE generates US$36 million in net revenues in 1Q24 as operator eyes EBITDA breakeven
Mohegan Tribal Gaming Authority’s recently opened Korean integrated resort, Mohegan INSPIRE, recorded net revenues of US$35.9 million in the first three months of 2024, with the company outlining its confidence of reaching…
Analysts not convinced SJM’s Grand Lisboa Palace can hit 5% market share target
Macau concessionaire SJM Holdings released its 1Q24 financial results on Thursday, with revenue and EBITDA improvements largely in line with expectations. But one lingering concern remains the slow ramp of the company’s…
Virgin Taking Over Las Vegas Casino Ops, Mohegan Out
Virgin Hotels Las Vegas and Mohegan Gaming & Entertainment announced today the Virgin Las Vegas is entering a “transition period” which will ultimately result in Virgin taking over casino operations at the…
Genting Could Get Thailand Boost, Faces New York Headwinds, Says Nomura
Genting Group could benefit from the surprisingly efficient pace at which Thailand is considering casino regulations, but the opposite scenario in New York could be a headwind to the Malaysian gaming giant…
Illegal Online Gambling Outfit Threatened High-School Kids, Cops Say
Ontario’s provincial police are investigating allegations of an online illegal gambling outfit targeting high-school students who were then threatened with violence if they didn’t pay up, Bradford Today reports. Police in the…
Negatively Affected Vegas Businesses Float Petition to Stop F1 Race
A new Change.org petition calls on the Clark County Commission to deny a special use permit to F1, which is scheduled to stage its second Las Vegas Grand Prix on the Las…
Macau International Airport handled 109,592 passengers during five-day Golden Week
A total of 109,592 passengers traveled through Macau International Airport (MIA) during the five-day Golden Week, a 66% increase in passenger traffic compared with the same period last year and a return…
Delta Corp income down 3% in March quarter as casino and online skill gaming segments both fall
India’s leading casino and online gaming operator Delta Corp has reported gross income from operations of Rs 222.75 crores (US$26.7 million) for the three months to 31 March 2024, down 3.0% year-on-year…
Las Vegas Sands issues US$1.75 billion in notes to pay down looming debt maturity
Las Vegas Sands Corp, the parent company of Singapore’s Marina Bay Sands and controlling shareholder in Macau concessionaire Sands China, has launched a series of unsecured notes offerings, with proceeds to refinance…